As the Federal Open Market Committee prepares to unveil its policy decision on May 7, Bitcoin traders encounter a pivotal moment influenced by macroeconomic factors that may shape price movements through the summer months. The Federal Reserve, led by Chair Jerome Powell, is highly likely to maintain the fed-funds corridor at 4.25 to 4.50 percent; … Read more
Bitcoin is experiencing a bearish trend as it falls beneath crucial support averages, raising concerns about the dominance of bearish sentiment. A recent post on X by Shaco AI indicates that Bitcoin is exhibiting signs of “stage fright” as it remains just below crucial short-term moving averages, suggesting a possible decline in momentum. At the time … Read more
The US Bitcoin ETFs are significantly indicative of the prevailing bullish sentiments currently permeating the crypto market. Following an impressive performance in the third week of April marked by $3.06 billion in net inflows, these Bitcoin ETFs successfully retained investors’ interest by attracting almost $2 billion in deposits over the past week. Notably, Bitcoin has … Read more
Analyst Indicates Bitcoin is Displaying Pre-Rally Signals Observed Prior to Significant Breakouts in 2024. A recent CryptoQuant Quicktake post suggests that Bitcoin (BTC) may be on the verge of its next significant movement. Contributor Crypto Dan noted that BTC is presently establishing an accumulation pattern akin to those seen in 2024 – patterns that preceded substantial … Read more
Bitcoin price surge approaches the $100,000 mark following a breakthrough of a 10-week high. The market’s largest cryptocurrency, Bitcoin, is once again approaching the $100,000 milestone, following a significant rally that has propelled the cryptocurrency to its highest price since late February. Following the downward pressure linked to Donald Trump’s tariff policies, which prompted a sell-off in … Read more
The trend in active addresses may indicate the possibility that the Bitcoin Demand is resuming. On-chain data indicates that the Bitcoin network is presently experiencing an increase in Daily Active Addresses. This analysis explores the potential implications for the price of BTC. Bitcoin active addresses have recently surpassed the 800,000 threshold. In a recent post on … Read more
Bitcoin price surpasses the golden cross, a phenomenon that occurs only once in each cycle. The Bitcoin price has recently formed a rare Golden Cross on the weekly chart, a technical indicator that has historically emerged once per market cycle. The occurrence of this Golden Cross has historically been a precursor to some of Bitcoin’s most … Read more
A recent forecast by financial services company Standard Chartered indicates that the market’s leading cryptocurrency, Bitcoin (BTC), would hit new record highs of almost $120,000 in the second quarter (Q2) of 2025. Technical indicators imply that Bitcoin could potentially attain a value of $120,000 in the second quarter, according to Standard Chartered. By the end of … Read more
In a remarkable turn of events, Bitcoin has surged past the $95,000 mark, coinciding with an impressive $3 billion influx into ETFs. Bitcoin (BTC), the foremost cryptocurrency, is experiencing a significant rebound, as its price approaches the $100,000 threshold for the first time since February 2025. This upward trend has been notably bolstered by considerable inflows into … Read more
The cryptocurrency market experienced a notable resurgence following Easter Sunday, with Bitcoin at the forefront, achieving gains exceeding double digits. As the price of BTC remains above the pivotal $94,000 threshold, the leading cryptocurrency appears to be experiencing a decline in momentum. It is not unexpected that investors are showing growing confidence in the potential of … Read more